Nio Stock: Buy, Sell, or Hold?

By Parkev Tatevosian, CFA – Sep 17, 2023 at 6:00PM

NYSE: NIO

Nio

Market Cap

$7B

Today's Change

(8.72%) $0.36

Current Price

$4.49

Price as of April 26, 2024, 4:00 p.m. ET

Nio is one of the most innovative car companies in the world.

Fool.com contributor Parkev Tatevosian considers Nio (NIO 8.72%) and its prospects to answer if the stock is a buy.

*Stock prices used were the afternoon prices of Sept. 14, 2023. The video was published on Sept. 16, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.